Market Exclusive

CenturyLink (NYSE:CTL) gets downgraded to Neutral by Bank of America

Analyst Ratings For CenturyLink (NYSE:CTL)

Today, CenturyLink (NYSE:CTL) stock was downgraded by Bank of America from Buy to Neutral.

There are 7 Hold Ratings, 4 Sell Ratings, 3 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on CenturyLink (NYSE:CTL) is Hold with a consensus target price of $17.96 per share, a potential 36.37% upside.

Some recent analyst ratings include

About CenturyLink (NYSE:CTL)
CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental customers primarily in the United States. It operates in two segments, Business and Consumer. The company offers virtual private network data network services; Ethernet services; Internet protocol services; CenturyLink Prism TV that allows customers to watch television or cable channels and record up to four shows on one home digital video recorder; and Vyvx, which provides audio and video feeds over fiber or satellite for broadcast and production customers, as well as satellite digital television services. It also provides broadband services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; private line solution for transmission of data between sites; colocation and data center services comprising cloud, hosting, and application management solutions; wavelength services that provide customers required bandwidth with an end-to-end transport solution of a bandwidth; and network security solutions, as well as sells telecommunications equipment and resells software, and provides network management, installation and maintenance of data equipment, and building of fiber-optic broadband networks. In addition, the company offers local calling services; long-distance and toll-free services; information technology (IT) services, such as transporting and delivering enterprise data and applications; and managed services consisting of network, hosting, cloud, and IT services. Further, it leases and subleases space in its office buildings, warehouses, and other properties. As of December 31, 2017, the company operated approximately 10.3 million total access lines; and served approximately 5.7 million broadband subscribers. CenturyLink, Inc. was founded in 1968 and is based in Monroe, Louisiana.

Recent Trading Activity for CenturyLink (NYSE:CTL)
Shares of CenturyLink closed the previous trading session at 13,17 −0,26 1,94 % with shares trading hands.

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